2027 Investment Banking Summer Associate Program Multiple Locations

Raymond James & Associates•Boston, NY

8d•Onsite

About The Position

Investment Banking Summer Associates in Raymond James’ Capital Markets & Advisory area take on significant responsibilities within an industry- or product-focused team. For a specified period, they work with public and private debt and equity financings, mergers and acquisitions, and financial advisory assignments. The program is designed to strengthen financial analysis skills, deepen understanding of capital markets and clients, and give associates the opportunity to contribute ideas to projects with significant scope and impact. Summer Associates participate in all stages of the transaction process. Their work includes research, original work product, evaluating M&A scenarios, preparing materials for public stock offerings, presentations, drafting sessions, new business proposals, and due diligence meetings. They develop financial models and valuations, analyze industries and comparable companies, support transaction execution, and help prepare client presentations and pitches. They also work with senior bankers on client strategies and materials, monitor relevant industry events, and pursue development through their work, special assignments, training, or external activities. The role requires current enrollment in an accredited graduate degree program, legal authorization to work in the United States without current or future visa sponsorship, and at least two years of relevant professional experience, or an equivalent combination approved by Human Resources. The posted education section also lists a completed bachelor’s degree in Business Administration and general experience of 3 to 6 years. No licenses or certifications are required. The workstyle is listed as Resident, and travel is less than 25%.

Requirements

Be legally authorized to work in the United States without requiring visa sponsorship now or in the future, including beyond OPT/EAD.
Be currently enrolled in an accredited graduate degree program.
Have a minimum of two years of relevant professional work experience, or an equivalent combination of experience, education, and training approved by Human Resources.
Have knowledge of fundamental investment banking concepts, practices, and procedures.
Have knowledge of investment concepts, practices, and procedures used in the securities industry.
Have knowledge of tax and accounting concepts, practices, and procedures.
Have knowledge of financial markets and products.
Have knowledge of leading business concepts learned in a graduate degree setting.
Communicate effectively, orally and in writing.
Apply analytical skills to assess and explain market events.
Use problem-solving and solution-design skills; think independently and develop ideas and strategies.
Use technology and systems to produce reports, communications, and presentations.
Define high-quality standards and evaluate products, services, and performance against benchmarks.
Gather information, identify linkages and trends, and apply findings to reports.
Attend to detail while maintaining a big-picture orientation.
Remain attentive to daily workflow and regulatory compliance during high-volume activity.
Organize, manage, and track multiple detailed tasks and assignments amid frequently changing priorities in a fast-paced environment.
Establish and maintain effective working relationships at all organizational levels.
Use judgment and discretion to work independently and collaboratively.
Take responsibility and accountability for personal actions and adhere to ethical principles.
Be proactive and demonstrate readiness to initiate action.
Engage across organizational levels through interpersonal effectiveness and oral and written communication.
Leverage prior professional experience and knowledge to produce client-facing deliverables, such as financial models.

Responsibilities

Develop financial models to assess debt and equity financing alternatives for transactions.
Perform valuation methodologies, comparative company analysis, and discounted cash flow analysis on target companies.
Provide input to equity offerings, valuations, private placements, and M&A advisory assignments.
Research, analyze, present, and document drafting elements of developing transactions.
Collaborate with senior bankers to develop strategies for client presentations and create materials.
Analyze current events in relevant industry groups and explain their impact on current and prospective clients and deals.
Assist with M&A and financing transaction execution, financial modeling, industry analysis, and comparable company analysis.
Assist with preparing standard and tailored client presentations and pitches.
Seek development opportunities through the job, special assignments, training, or external activities.
Perform other duties and responsibilities as assigned.